{"id":288919,"date":"2023-09-08T14:35:33","date_gmt":"2023-09-08T19:35:33","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=288919"},"modified":"2023-09-08T14:35:33","modified_gmt":"2023-09-08T19:35:33","slug":"okada-manila-can-end-spac-deal-rules-delaware-judge","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/okada-manila-can-end-spac-deal-rules-delaware-judge\/","title":{"rendered":"Okada Manila Notches Legal Win, Court Rules SPAC Deal Can Be Terminated"},"content":{"rendered":"
Universal Entertainment Inc. and its affiliates with ties to the Okada Manila integrated scored a legal victory Thursday when a judge in the Delaware Court of Chancery ruled the gaming entity doesn\u2019t need to move forward with a reverse merger proposed by Jason Ader\u2019s 26 Capital Acquisition Corp. (NASDAQ: ADER).<\/p>\n